Settings8H · net · $10k
Funding arb · Price arb /

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0219%/8h= −24.0% APRnext payment $0.27 per $10,000 · paid last 24h −0.052%
Price spread now: RISEx against GMX+0.068%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. RISEx is 0.068% dearer against GMX than usual: you sell high and buy low (spread +0.068% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 25 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX WTIOIL/USD [ETH-USDC]93.205L +0.0219% / S −0.0147%pay 0.0027% / 1h45m 01s$81K111x
ShortRISEx CL/USDC93.2680get 0.0000% / 1h45m 01s$3.1M$2.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against GMX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$46.06
Price spread: +0.068% → 0.000%
$6.76
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$57.3
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; RISEx: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell RISEx live order book, 4 min ago0.64 bp4.8 bp −$55.6 bp −$56doesn't fitdoesn't fit
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CL on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit WTIOIL_USDC-PERPETUAL−0.0715%1h93.180−0.027%$199K$370K15xas long as short
Aster CLUSD1−0.0260%4h93.246+0.044%$24.1M$67.0M20xas long as short
GRVT CL_USDT_Perp−0.0192%4h93.168−0.040%$54K$658K25xas long as short
Binance CLUSDT−0.0171%4h93.170−0.038%$245.4M$943.5M100xas long as short
Variational Omni CL−0.0160%4h93.169−0.039%$13.4M$10.8Mas long as short
Nado WTI-PERP−0.0128%1h93.268+0.068%$964K$645K10xas long as short
Bitget CLUSDT−0.0122%4h93.195−0.011%$42.0M$43.3M100xas long as short
Ondo Perps WTI-USD.P−0.0117%1h93.150−0.059%$3.5M$5.3M20xas long as short
Aftermath Perps WTIUSD−0.0110%1h93.176−0.031%$2K$27K5xas long as short
Kraken Futures PF_WTIOILUSD−0.0061%1h93.217+0.013%$269K$947K25xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate CL_USDT−0.0049%8h93.140−0.070%$21.0M$50.9M100xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h93.190−0.016%$401K$928K15xas long as short
OKX CL-USDT-SWAP−0.0034%4h93.200−0.005%$42.6M$102.9M50xas long as short
QFEX CL-USD−0.0033%1h93.200−0.005%$2.3M$1.8M10xas long as short
KuCoin CLUSDTM−0.0012%4h93.224+0.020%$7.1M$2.4M50xas long as short
Phoenix WTIOIL−0.0009%1h93.230+0.027%$37K$41K20xas long as short
edgeX CLUSDC−0.0005%4h93.232+0.029%$524K$308K30xas long as short
tradeXYZ xyz:CL−0.0001%1h93.178−0.029%$184.5M$219.0M20xas long as short
dYdX WTI-USD0.0000%1h93.272+0.072%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.215+0.011%$26.9M$80.8M150xas long as short
RISEx CL/USDCshort0.0000%1h93.268+0.068%$3.1M$2.9M20x
Bullet WTIOIL-USD0.0000%1h93.208+0.003%$19K$242K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.779−0.457%$5K150xas long as short
Paradex CL-USD-PERP+0.0015%8h93.201−0.004%$16K$3675xas long as short
Lighter WTI+0.0032%1h93.213+0.009%$11.2M$10.3M20xas long as short
Extended WTI-USD+0.0032%1h93.220+0.016%$2.0M$19.5M10xas long as short
StandX CL-USD+0.0040%1h93.150−0.059%$736K$2.9M40xas long as short
Vest CL-PERP+0.0046%1h93.230+0.027%$313K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h93.221+0.017%$1.7M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h93.225+0.021%$2.1M$60K20xas long as short
Pacifica CL+0.0100%1h93.215+0.011%$331K$597K10xas long as short
ApeX Omni CLUSDT+0.0100%1h93.280+0.080%$56K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.183−0.024%$4K10xas long as short
BloFin CL-USDT+0.0205%4h93.200−0.005%$4.0M$1.0M50xas long as short
GMX WTIOIL/USD [ETH-USDC]longL +0.0219% / S −0.0147%1h93.205long leg$81K111x
Injective WTI/USDC PERP+0.0220%1h102.17+9.614%$19K$11K30xas long as short